Analyst: The sell-off of U.S. Treasuries shows that investors have lost confidence in common safe-haven assets

Mars Finance News, on April 9th, during the most severe market sell-off in years, safe-haven assets are currently performing poorly. As reciprocal tariffs took effect today, US Treasury bonds plummeted, with the 10-year Treasury yield reaching its highest level since February this year; gold prices rose during the day but remain in a downward trend this week; global stocks touched a one-year low during this period; and the US dollar weakened. Although some observers noted that German bonds and the Japanese yen might become new safe havens, they also face risks in terms of liquidity, their own economic conditions, and monetary policy prospects. Pilar Gomez-Bravo, Global Fixed Income Co-Chief Investment Officer at MFS Investment Management, stated: "If you want to protect your capital and obtain a certain level of return, you have very few asset options." The sell-off of US Treasuries is the most obvious example, indicating that investors have lost confidence in traditional safe-haven assets. (Jinshi)